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. secretary of state clinton is heading to egypt. dagen: can't we all get along. i am not talking about middle east. i am talking about hostess and its bakers union. no, they cannot agree so the company is shutting down. connell: charlie gasparino will be on to talk about what may be one of the biggest insider trading cases all-time. dagen: top of the hour. stocks now and every 15 minutes. nicole petallides. nicole: the profit numbers missed the analyst expectations. farm equipment maker actually reported weaker than expected numbers. some expenses that cut into their earnings. and a stronger dollar also played a factor. they know that was something of an issue. as far as 2013, where did they expect growth? the company expected south america to show the strongest demand in 2013. let's take a look at the dow jones industrial. up 21 points. so far, we still have a winning week on wall street. we will see if this is our winning week. back to you. connell: thank you very much. dagen: there is no way around it. if congress cannot get its act together on the fiscal cliff, taxes for the vast american
a deal before that happens will not work. the key to this -- egypt 40 years ago signed a peace treaty for israel. for 40 years they have not shot at each other. this is a different egypt now. it will all be about egypt. egypt has a really tight line to walk. if it somehow joins with the muscle burn brotherhood, america will cut them of their aid. i think egypt tries to walk right down the middle. i do not think they get involved dagen: do so with the president and prime minister was saying her in the last week. >> yes. the egyptian president worries that the way he came to power was they got rid of the last dictator. if he does not look sympathetic to the islamic cause and into israel, they will say who needs you. connell: as always, k.t. mcfarland, thank you for coming on. >> thank you. connell: we have some breaking news before we move on. the justice department has filed a lawsuit against ebay. they are saying that the agreement illuminated a significant former competition for the employees. watch ebay today. at the moment, the stock is up $0.56. the state of california had a simil
talk to. i think what she should do is talk to the president of egypt. connell: i just want to throw in something that just crossed on the wires now. it is being reported that hamas official says they have agreed to and egyptian brokerage cease-fire. maybe something like that is getting done as we speak. >> i know it is getting discussed as we speak. the terms have to be very clear. we have to reach a point where both the capability and will of hamas to ever try anything like that again is eliminated. egypt is a key player because it does want to regain the leadership of the world. we must remember that the battle for supremacy and leadership in the middle east and muzzle world today is between two countries that are not even arab. iran is the packing of hamas. if turkey and egypt prevail, this will not just be an achievement of bringing peace and quiet to our region, this will signal the fact that iran has been defeated. then, we can turn to the real issue and real threat which is the iranian nuclear quest. dagen: thank you. you answered my question. it was great to see you. thank y
minute. egypt's foreign minister alongside the secretary of state hillary clinton announcing a cease-fire between israel and gaza. ending a more than a week long conflict. he brokered a deal set to take effect at 8:00 p.m. israel time, 2:00 p.m. eastern. this resulted in a centur ceasee and resume calm. saying egypt is resuming its possibly of leadership that has long made it a cornerstone of regional stability. president obama: israeli prime minister benjamin netanyahu earlier expressing his appreciation to seek a more advisable solution. especially in matters of weapons smuggling into gaza. i minister at yahoo express his appreciation for the support and assistance to the iran dome system. that is least for now, now i will take you back to melissa. melissa: thank you so much. it is expected to be a mad dash at stores all over tomorrow night. with some retailers open earlier than ever before. the tradition could be on its way out. our next guest says online shopping is lessen the significance of like friday deals. joining us is paypal shopping specialist. it does really feel like t
is thrown together in egypt. we know they are an important relationship with us. what do we do? what does the united states do? >> we have to recognize our limitations. we can only play on the margins. money changes everything. morsy is achilles' heel, that is really the economy. tourism is gone. it is very important to them. foreign investment has essentially dried up. we do spend well over a billion dollars in aid, primarily to the military every year. it filters through the economy. we should stop -- connell: we should stop doing that? >> if morsy pushes through the constitution, there is no reason to continue sending over billions of dollars a year. it also looks like under this constitution that morsy bought off the army. they get the money. they spend it anyway they want. this constitution, as i understand it, there will be no interference by the army with the government. he has a good chance of becoming this software powered dictator. connell: thank you, sir. i appreciate you coming on. corporations paying out these early dividends. they are trying to be the coming tax hikes. our q
. dagen: the u.s. embassy meantime in egypt now closed amid protests in the country against president mohammad morsi. voting has started on the new constitution. kc mcfarland, formerly distance secretary of defense and fox news national security analyst, great to see you. he is in the catbird seat because he inserted himself into the peace agreement between israel and hamas. >> he negotiated a cease-fire between israel and hamas, the words were not out of president obama's mouth praising him for this, offering to help him with half a billion dollars of aid, convincing the imf to give him almost $5 billion of aid and what did morsi do? e seized all the controls of power. already got the parliament and the presidency, put his guys in the military and taking over. connell: in the old days they used to say hosni mubarak was not the best guy in the world but the u.s. can work with him. what about now? >> that is an important difference to make because he was a dictator, hosni mubarak was that he was our guy, pro-american and kept peace with israel. the new guy is a dictator too but not nec
on hamas is on the gaza strip they have egypt governed by the muslim brotherhood uc political instability in jordan. my guess they are the next to fall. 18 months ago the middle east was stable now today it is not an anti-american and it will only get worse. melissa: 18 months ago was pro-american and? >> yes. there was the agreement with israel, mubarak was an ally of the united states, a cut off aid not good to his own people but cooperated with us with the war on terror. all of the ingredients were there 18 months ago they are still there but 75% of the population is under the age of 30. they don't have jobs and the prospects. they toppled their dictator but things have not got better so they are back on the streets. >> did we misinterpret what the appraise saying was about? arab sprained, fighting for there rights when it was about religion? >> more about economic prospects. revolutions happen with a large baby-boom population. american revolution. chinese revolution, french revolution. even eastern europe and the soviet union. with a population bubble when you add economic disaster w
leaders calling for israel to end the attack in egypt along with turkey have stepped attempts to grover a peace fire. they're looking for a cease-fire to egypt today. israel began missile strike last week in response to a month of rocket fire from the gaza strip. tensions have libya on the rise as well. it is sitting at a four-week high right now, $89.61, just a shade below $90 per barrel. lori: i wonder that is already priced in or if we have more bullish, it'll be a tough couple of days. stocks are up big. we are keeping an eye on intel, time to step down. we will get investor reaction to that. melissa: in the market for a new computer? will it be a macro pc? and talking about oil, but it is doing very well today. silver the winner on a percentage basis of almost 2.5%. we will be right back. here to weigh in, senior [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden
at these pictures. cairo, egypt. thousands of people chanting. morsi, the president of that country, recently the stowed absolute powers among himself. about 60,000 people in the square. numbers reportedly growing. those pictures speaking for themselves. connell: day five out of those protests. right now, let's make you a little money. charles payne. dagen: what do you got? charles: i am driving down 151st street, a gigantic line of people all the way down the block. they were at the house of hoops. this is the most amazing sneaker store you have ever seen in your life. it turns out, footlocker owns it. this morning, goldman sachs put a pot on footlocker. i just wanted to reiterate it, they also have a woman's sneaker store. connell: whatever the newest sneaker was, i think it faded for a while, but now it is back. charles: my son is not into sports, but he knows these sneakers. when the new ones come out, he will let me know. just five minutes ago they were sold out on ebay. first of all, i am not going to get you these sneakers, your grades are not good enough and they cost too much. i do n
square two years ago did not bring democracy neither are these, to egypt. melissa: do you think it make him change his plans at all and recheck what he is doing even if his motivation is not changed? >> i think he has a fallback position he is prepared to accept even though we haven't seen it so far. the real power broker remains the military. there is every possibility that the morsi and military could find away of living together. demonstrators who are upset what morsi has done are the same demonstrators upset by mubarak. melissa: are you surprised or does it tell you anything that the military doesn't go in and crack down to this kind of demonstration? >> i don't think it is to the military's advantage. to your earlier point, morsi is trying to dial this back. he told his own supporters not to go into the streets of cairo today to avoid a possible clash. melissa: down the road, what do you think, what kind of leader do you think he turns out to be? were you sucked in maybe last week by him going and settling, everything that was going on in the middle east, looking like he was out th
the other ticket which was sold at a convenient store and suburban phoenix. protesters in egypt are taking to the streets. the documented in bid a anger over morsy's newly founded powers. it looks like former imf chief dominique strauss kahn will be settling with the van had made that accused him of sexual assault last year. those are your news headlines. it is back to melissa and lori. melissa: thank you so much. will we avoid driving off the fiscal cliff if we just paid a little more for the gas to get there? we are looking for revenue under every rock here. raising the gas tax is the latest. tom kloza joined those on the phone now. >> i think it is probably something that is sensible to look at. melissa: what works? this is incredibly regressive. i cannot imagine democrats embracing this. this will hit lower income americans the hardest. >> in the rural south and the rural midwest. it has not been increased since 1993. it is a fraction of what you see. here is a thought. if you really believe and i do believe that we are probably going to be much more dependent on foreign oral and have
a lot done. there's late reports egypt is closing borders to israel. that's not confirmed, but traders are talking about that. today, it seems even after a bullish weekly energy report, prices are going back down, especially here in the u.s.. those concerns about the fiscal cliff and weakening demand is really hurting prices right now. back to you. dennis: thunk phil flynn. cheryl: shoppers, mortgages are being sold in aisle 5. seriously. banks continue to make it tougher to refinance, and costco and wal-mart offer lopes and even business loans. professor at george mason, says the banks have nobody to blame but themselves. anthony, thank you for being here. consumer groups, advocate groups up in arms about this saying regulation needs to come down on retailers. that far into this now? >> well, the answer is this is a classic example of adam smith's invisible hand. we went through, put through the dodd-frank legislation, created a consumer protection bureau to tighten down on this stuff, and what happens? the market finds a way. they did. they go to costco, wal-mart, set up loans, const
a number of incoming rounds here. egypt has talk about things. right now it appears as though we are heading towards an inevitable ground invasion. talk to you. lori: stay safe. thank you. let's check the markets. a lot of geopolitics. i note you are looking specifically at dell and hewlett-packard. nicole: we will transition right over to technology from now. those are some disturbing pictures. the tensions remained high of fraud. we are watching some of these tech stocks. names like dell and also hewlett-packard. here is a look at dell right now. it is down about 7%. dell cannot with numbers. the quarterly profit was nearly in half. once again, another quarter citing weak pc demand. there is no secret, it continues to be serious problems. that is not good news there. you have them all cutting their price targets. that, by the way, is a new low. february 09 lows today. lori: thank you. melissa: the fiscal cliff talks have been prompt and not much circumstance. lori: warning for college students in particular and their parents. we will tell you about that just ahead. ♪ lookinfo
. police firing tear gas at rock hurling demonstrators near tahrir square as one of egypt's highest courts refuses to work in protest of morsi's decree. >>> win car bomb blasts reported in syria claiming 34 lives in a damascus suburb in an area known to be loyal to president assad. the two parked cars detonated after people were going to work, the second explosion five minutes later apparently designed for those helping to help those hurt by the first bomb. >>> iran's naval commander will soon hold drills and send a fleet of warships to the mediterranean and the atlantic. those are the headlines. back to ashley. ashley: fox's patti ann browne, thank you so much for that. appreciate it. >> thank you. tracy: it is a battle of the teen retailers today as some of the major brand report earnings. which companies should you add to your portfolio heading into the christmas season, those fickle teenagers? sandra smith following big movers today. sandy, i don't know how you keep track of them. >> they might be fickle but they're spending some dough out there. earnings coming from the teen retailers
the ongoing story. the concerns about iran and egypt still running very, very hot makes it more dangerous to be short. now the other good news that we did get, if you remember yesterday we saw a big pop up in heating oil and gasoline because of the power outage at the hess refinery in port reading in new jersey. we did get good news on that front. that is supposed to be fixed. production will start up right away. should be normal. that puts downward pressure on heating oil and gas. good news in the wild ride on the fiscal cliff. melissa: phil, real quick what is going on with nat-gas? we're freezing here in the northeast. >> it is balmy outside what are you talking about? it is so warm. i'll tell you what, this goes to show you the incredible production that is happening. we see rig counts went up last week but they're down 45% on the year. we're so much more efficient producing gas. melissa: sure. >> it is building supplies and temperatures not as cold as advertised. melissa: phil, thanks so much. >> thank you. lori: phil sounds like he was screaming at someone. melissa: a little under t
points. i was asked yesterday well what about the suez canal? egypt is not going to jeopardize all of its relations with the u.s. by closing the suez canal. >> i mean, you're very optimistic to think that this sort of instability in the neighborhood isn't going to spill over. i talked to people about this every day, and i got to tell you, you're alone. >> yes, you can build a model that has this all the way going out to let's say iran and closing the strait of hormuz, but this would take a real series of reactions, one after the other to imagine the supply of oil being reduced as a result of this. it's a very complex model to imagine that. >> do you think, john, perhaps we're not seeing a direct impact in the price of oil, in your view, because we are in supply of oil right now? >> i think the market is fundamentally very bearish right now. in the fourth quarter of this year, where you normally draw world inventories of crude, you are going to build world inventories of crude. right now all the models into next year show a build basically all yearlong. opec is going to meet i think in two
at that point that this was a protest as a result of what happened with the film in egypt. he clarified that after more information came in it was not a protest. >> that said, senior republican house and committee said there are discrepancies, if you will, between what the former director said to today's lawmakers and what he said on september 14. >> testimony today was that from the start he told us this was a terrorist attack, terrorist involved from the start. i told him my questions and the impression we were given was that the amount of evidence was that it was a spontaneous demonstration. >> again, two major headlines of today, one with the former cia director told the committee that he believes extremist were responsible for the attacks very quickly after that, and number two, who or what was it that did the editing that the emphasized the role of the groups that were ultimately put in front on ambassador susan wright. that does not seem to be the case. seems to have come from elsewhere. perhaps the white house. dagen: the situation in the gaza strip getting worse. the oil market
: hundreds of thousands of egyptians protesting president obama morsy latest power grab. egypt has replaced one dictator with another. this time it is worse. brett, obama came out it was in the "new york times" saying he was impressed with the new president's confidence. a day later morsy basically the clerk himself above the law. what do you make of that? >> it is hilarious except for the fact of it is tragic for egyptians. it is very clear where this is going. it has been a constant amazement to see this administration constantly giving the brotherhood the benefit of the dow pretending it will be anything other than an organization, a 83-year-old organization. we ought to know who these guys are, how they are trained, and what they are aiming at. the administration was caught a little flat-footed, dennis. dennis: why is it that the u.s. government, the media, are we guilty of wishful thinking? >> this is actually a profound mystery. over the last few years, there have been some articles and magazines try to claim that the moslem brotherhood is a moderate organization. gerri ford was a mod
Search Results 0 to 17 of about 18